Is private health insurance available in Australia?

Private health insurance is common in Australia, given that the public Medicare system does not cover physiotherapy, dental, or vision services. There are numerous private health insurance policy providers in the country. Employees who are either self-insured or sponsored by an employer for private health care pay less tax (to account for the elimination of the Medicare contribution) or are eligible for an insurance rebate.  

Private health insurance may be particularly attractive to foreign employees working in Australia who are unfamiliar with navigating the public healthcare system. Should you wish to offer private healthcare to your employees, your local PEO can arrange it for you and manage the benefit on behalf of your company. 

If you have questions about benefit provisions in employment contracts in Australia, please get in touch with our team today!

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